NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Oct 22, 2013 10:02 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 2 to 4 Lower
Soybean Futures: 5 to 7 Lower
Soybean Meal Futures: $1 to $4 Lower
Wheat Futures: 3 to 3 Higher

Milk:

Light to moderate pressure is expected to develop through Class III milk futures early Tuesday with traders focusing on the lack of support in cash dairy products as well as additional weakness possible following the dairy products report. Even though production is based on August levels, the increased amounts of ...

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